Soochow Securities pointed out that to develop energy storage, vigorously promote the construction of new energy supply and consumption system. In view of the problems of unpredictable and difficult regulation of new energy sources, the development of energy storage and the improvement of the regulation capability of the power system are the main focus of the current power grid construction. State Grid stated that it will vigorously strengthen the construction of pumped storage power stations with mature technology, actively support the large-scale application of new energy storage, and strive to increase the installed capacity of pumped storage power stations from the current 26.3 million kilowatts to 100 million kilowatts by 2030, and electrochemical energy storage from 300 kilowatts. 10,000 kilowatts increased to 100 million kilowatts. Energy storage has become an important link in the consumption of new power grids. With the continuous expansion of energy storage demand, the upstream industry chain will fully benefit.
Soochow Securities: The continuous expansion of energy storage demand will fully benefit the downstream and upstream industrial chain links
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